331ouellette

311 Erie Street East (Area 2 - Downtown)
Asking Price: $599,900
5000 square feet building (2200 for 1st and 2nd floor and 600 for basement) approximate
1st floor consists of 22000 sq.ft. turn-key Chinese restaurant
2nd floor consists of 3 offices (long-term tenant), all completely renovated
-building has undergone over $150,000 of recent improvements including roof, central air, completely move-in condition
Taxes: $22,800 (approximate)
Lot Size: 27' x 100'
Possession: Immediate
Rental Income: $5000/month $60,000/annually (approximate)
Parking: street

Description:

EXCELLENT OPPORTUNITY TO OWN A RENOVATED BLDG IN PRIME DOWNTOWN LOCATION (CLOSE TO STAR BUCKS). MAIN FLR PRESENTLY A 90 SEAT W/FULL LIQUOR LICENSE. 6 YR OLD KITCHEN, CHINESE RESTAURANT. LWR & UPPER LEVELS HAVE LONG STANDING TENANTS. IDEAL FOR MANY USES INCLUDING RETAIL, RESTAURANT, BAR, ETC. OWNER WILL STAY & TRAIN IF NEEDED. IMMED POSS AVAIL. BLDG REMODELLED EXTENSIVLEY (ROOF, A/C`S, INTERIOR). EXPOSED BRK INTERIOR. COME SEE!!!

Directions:
331 Ouellette Avenue (between University and Park)

Pictures: